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JAPAN
May 22, 1997

Asahi Solar ordered to halt 'persistent' sales practices

The Ministry of International Trade and Industry and the Tokyo Metropolitan Government on May 22 ordered Asahi Solar Co. of Oita, a leading maker of solar water heaters, to halt its aggressive home-call sales tactics, authorities said.
JAPAN
May 21, 1997

Weak yen helps lift Toyota profits to 620 billion yen

Supported by brisk sales and the weaker yen, Toyota Motor Corp. said May 21 that its unconsolidated pretax profit surged 82.1 percent to 620.4 billion yen -- the third-highest level for the firm -- in the 1996 business year that ended March 31.
JAPAN
May 20, 1997

Honda posts record net sales of 5.29 trillion yen

Backed by strong sales of its cars in Japan and major overseas markets, Honda Motor Co. posted record-high consolidated net sales of 5.29 trillion yen in the 1996 business year, up 24.5 percent from the previous year, the automaker announced May 20.
JAPAN
May 9, 1997

Tepco promises rate cuts next year

Tokyo Electric Power Co. will reduce electricity rates early next year as a result of the utility's progress in streamlining management, Tepco President Hiroshi Araki told a news conference May 9.
JAPAN
Apr 24, 1997

Nomura in black despite taking big hit for subsidiary

Nomura Securities Co. made 124.19 billion yen in pretax profits for the business year ending March 31, up 35.7 percent from the year before, the company announced April 24.
JAPAN
Apr 22, 1997

Scandal forces Nomura to reshuffle management

Nomura Securities Co. said April 22 that Managing Director Junichi Ujiie will assume its presidency May 1 in place of Masashi Suzuki. The move is aimed at improving the brokerage's public image in the wake of a scandal involving shady stock deals and payments to a firm linked to a "sokaiya" corporate...
JAPAN
Apr 11, 1997

Fatal stabbing in Ashiya investigated

KOBE -- Police on Friday began investigating the fatal stabbing the previous night of a company president in Ashiya, Hyogo Prefecture. According to police, Akitoshi Hashimoto, 48, was stabbed in the back outside his home at around 8:10 p.m.
JAPAN
Apr 1, 1997

1.2 million graduates enter labor force

An estimated 1.2 million graduates joined Japan's workforce Apr. 1 as businesses across the country held welcoming ceremonies for new recruits on the first day of fiscal 1997.
JAPAN
Mar 26, 1997

Outdoor 'camp' helps workers fight postbubble frustration

When asked to draw a symbol of their company, participants in Anthony Willoughby's courses often draw pictures of sinking ships and burning buildings. "We've even gotten some fire-breathing dragons," Willoughby added.
JAPAN
Mar 25, 1997

AOL to launch service in Japanese

America Online Inc., the world's largest on-line service provider with 8 million members, announced Mar. 25 that it will launch a Japanese-language Internet service on April 15.
JAPAN
Mar 12, 1997

Ajinomoto allegedly budgeted for payoffs to 'sokaiya'

Authorities investigating Ajinomoto Co. over alleged payoffs to corporate extortionists suspect that the company included the payments as "entertainment expenses" in its annual budget, informed sources said Mar. 12.
JAPAN
Mar 12, 1997

Telecom, ITJ announce nation's first telecom merger

To brace for competition triggered by deregulation, Japan Telecom Co. and International Telecom Japan Inc. said Mar. 12 they will merge around October. It will be the first between Japanese telecommunications firms.
JAPAN
Feb 7, 1997

Change to Japan accounting standards advised

An advisory body to the finance minister on Feb. 7 proposed changing the nation's corporate accounting standards to place greater weight on consolidated statements to better match global standards.
JAPAN
Jan 27, 1997

Firms continue clinging to report days

Many companies plan to announce their financial results on the same day this year, despite various efforts to reduce excessive concentration of such presentations, a Tokyo Stock Exchange survey revealed.As many as 304 companies surveyed last month said they plan to announce their fiscal 1995 results...
JAPAN
Jan 23, 1997

Sega, Bandai to merge into entertainment giant

Game machine giant Sega Enterprises Ltd. and Bandai Co., the nation's No. 1 toy company, announced Jan. 23 they will merge on Oct. 1, creating a multimedia entertainment conglomerate with consolidated sales of 600 billion yen.Merging on an equal basis, the new company will be named Sega Bandai Ltd.,...
JAPAN
Jan 9, 1997

Prosecutors launch raids in oil dealer scandal

Prosecutors raided the homes and offices of Osaka oil wholesaler Junichi Izui and executives of Mitsubishi Oil Co. and Mitsui Mining Co. Jan. 9 who were arrested Jan. 8 on suspicion of fraud involving 2.39 billion yen.The Tokyo District Public Prosecutor's Office said it is filing fraud charges against...
JAPAN
Feb 3, 1996

Nintendo machine sales said safe despite switch

Nintendo Co.'s loss of Final Fantasy and Dragon Quest, two popular home video game series, will not affect sales of its 64-bit video game machine, Nintendo President Hiroshi Yamauchi said Feb. 3 in Tokyo.
Japan Times
JAPAN
Jun 22, 2023

Organization founded to create guidelines for use of AI image generators

An AI-generated image tool allows users to create images based on written descriptions and learning from other images available online, including those made by artists.
Japan Times
BUSINESS / Companies
Jun 22, 2023

Cosmo Energy wins investor approval for 'poison pill' against activist

The approval marks the second such vote on a poison pill in Japan that excludes an investor, in a practice some governance experts say could deter shareholder activism.
Japan Times
WORLD
Jun 22, 2023

Extreme travel rescue operations are expensive, and who pays is unclear

The expense for the search for the missing submersible is likely to be great, and it is unclear whether taxpayers will be required to pay it.
Japan Times
BUSINESS / Companies
Jun 22, 2023

Elevator-maker showcases growing shareholder activism in Japan

Fujitec shareholders rejected a raft of proposals from ousted chairman Takakazu Uchiyama to overhaul the board during Wednesday's annual shareholders meeting, a Fujitec spokesperson said.
Japan Times
COMMENTARY / Japan
Jun 21, 2023

The Carlos Ghosn show has a bizarre sequel

A provocative lawsuit brought by Carlos Ghosn, the fugitive architect of the Renault-Nissan alliance, makes it harder for the French and Japanese carmakers to move on.
Japan Times
BUSINESS / Tech
Jun 20, 2023

Survey finds 61% of firms in Japan are positive about generative AI use

The proportion of companies that have no plans to utilize generative AI stood at 17.7%.
Japan Times
ASIA PACIFIC
Jun 19, 2023

Meeting showcases region’s progress in disaster recovery

The G7 Science and Technology Ministers’ Meeting in May put the spotlight on Sendai’s cutting-edge research and technology, its growing capacity to host world-class meetings, as well as milestones in its ongoing recovery from the 2011 Great East Japan Earthquake. At the same time, delegations from...
Japan Times
ASIA PACIFIC
Jun 17, 2023

Coding to training: Philippines tackles online child sexual abuse

Inside an unmarked building in a Manila business district, a war is being waged 24/7 against dark and mostly hidden crimes — the online sexual abuse and exploitation of children.
Japan Times
BUSINESS
Jun 17, 2023

Inside the race to remake lithium extraction for EV batteries

The global battle to reshape the lithium industry is sucking in oil producers and tech startups, each jockeying to be the first to reinvent how the key metal is produced.
Japan Times
BUSINESS
Jun 16, 2023

U.S. chip giant Micron to invest $600 million in China plant despite Beijing crackdown

In a statement, the firm said it would invest the funds over the next few years in its plant in the city of Xi'an to acquire equipment and add a new factory at the facility.
Japan Times
BUSINESS
Jun 15, 2023

Investors are putting big money into Japan again. Here’s why.

The Japanese stock market is up nearly 30% this year, far ahead of the S&P 500, as firms bet that changes in how companies are run might just finally last.
Japan Times
BUSINESS / Tech
Jun 12, 2023

Reddit blackout begins as forums protest charges for developers

The protest is expected to last at least 48 hours, although some groups have signaled they will stay dark for longer.
Millions told to evacuate as heavy rain sparks flooding and landslides in Kyushu
Heavy rain falls in the city of Kumamoto on Monday morning.
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
Chinese vessels collide while pursuing Philippine boat in South China Sea
This handout video grab released and taken on August 11, 2025 by the Philippine Coast Guard shows an incident between a Chinese Navy vessel (left) and a Chinese Coast Guard ship as seen from a Philippine fisheries boat near Scarborough Shoal in the disputed South China Sea.
Weather agency warns of landslides and flooding in Kyushu as heavy rain continues
An embankment on the Amikake River that collapsed due to heavy rain in Aira, Kagoshima Prefecture, on Friday. Downpours continued in the Kyushu region over the weekend.
Tokyo’s WWII museums hold diverse views on war and peace
A carrier-based Type 52 Zero fighter marks the entrance foyer of Yasukuni Shrine's Yushukan, a museum that tells a more nuanced story of Japan's experience in World War II than the controversies around the shrine might suggest.
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Australia's warship selection signals Japanese defense industry's arrival
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan’s defense industry.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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